Your facts are right--your interpretation wrong, and that is why GOLD is going DOWN--sorry. No inflation! Germans move gold is about nationalism--will not affect price one iota. Economic collapse will take gold with it--DOWN. Dollar has not hit a low in 4 years--it is going up!

"High-yield bond yields are lower than the S&P's earning yield for the first time ever," says a very bullish Oscar Schafer at the Barron's Roundtable (earlier). He says no one is talking about stocks at cocktail parties, but he does hear conversation about fixed income (that's some party). Pension funds hiding in bonds for "riskless returns" are in for a surprise. [View news story]

Rising interest rates will kill more than the bond market--they will cripple us through our debt, wreck the "recovery", and send equities to hell--Just another extreme at the top

I agree, what correlation? In fact, I'm short silver and bonds, and I don't see a problem with that. I can see that interest rates are going up and I believe silver hit its counter-trend rally high this morning at 34.32. Time will tell.

I was struck by the bleakness and truth of this article--not because there are poor people, but because we are getting poorer as a nation, and nothing is going to change. And I don't blame Obama. As Rex Nutting said, it started with Laffer and it's bad.

"It's my worst nightmare," says a long-only bond fund manager. "There's nothing I can do - the checks come in every day, and I have to invest (the money)." Aging baby boomers following conventional wisdom by steering their accounts away from stocks and to fixed income at these low rates could get a very expensive lesson, writes Jonathan Trugman. (see also) [View news story]

The FED has done every thing it can to encourage inflation--doesn't matter: Our debt eats whatever the puny FED puts out there. They have forestalled the inevitable and in doing so made the upcoming correction of our debt that much more devastating. There cannot be inflation and there will not be any inflation until this mountain of voracious debt has corrected. There's no way round the mountain. After debt corrects, then expect unprecedented inflation. Until then, inflation is but a phantom in the over-heated imagination of an academic.